Dividends (February 23, 2009)
Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends. Alc…
News
International Quotes (February 23, 2009)
Australia (A$) Feb 17 Feb 10 Change Bendigo Mining 0.23 0.17 0.06 Kingsgate Cons. 4.20 3.59 0.61 Lion Selection Ltd 0.84 0.66 0.18 Newcrest Mining 34.28 32.00 2.28 Zi…
TSX Venture Exchange Rights & Warrants (February 23, 2009)
Atlas Minerals (AMR. WT. A)– Wt buys sh @ $0.60 to Dec 31/09.
Cardero Gets Advance Payment For Pampa De Pongo
VANCOUVER — Cardero Resource (CDU-T, CDY-X) is getting a US$2-million payment for its Pampa de Pongo iron ore project ahead of schedule from Chinese buyer Nanjinzhao. The total purchase price of the …
Cadiscor And Tiomin To Combine
The proposed merger of Cadiscor Resources (CAO-V, CADRF-O) and Tiomin Resources (TIO-T, TMIRF-O) will create a new company that will be well capitalized to become an intermediate gold producer, manage…
Japanese Consortium Buys Into Uranium One
Uranium One (UUU-T, SXRZF-O) will raise $270 million through a private placement with a Japanese consortium made up of Tokyo Electric Power Co., Toshiba Corp., and the Japan Bank for International Coo…
Exchange Rates (February 23, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 16 Feb. 13 Feb. 12 Feb. 11 Feb. 10 US$ in C$ 1.2437 1.2433 1.2477 1.2424 1.2332 C$ in US$ 0.8041 0.8043 0.8015 0.8049 0…
Colossus Advances Serra Pelada, Raises $20.5M
The first systematic assay results for the full suite of platinum group elements at Colossus Minerals’ (CSI-T, COLUF-O) Serra Pelada project in Brazil appear to confirm what Vic Wall, the company’s pr…
Chinalco Deal Rankles Rio Tinto Shareholders
The sixth trading week of 2009 saw a blockbuster deal struck between Rio Tinto and Aluminum Corp. of China (Chinalco), which has the Chinese state-owned major pumping a much larger than anticipated US…
COMMENTARY: Maintenance: Cost Versus Investment
Mining is a tough business and in order to stay competitive, every available advantage must be considered and wherever possible, put into practice.
Lending Rates (February 23, 2009)
as of 9 a. m. ET. Feb. 17, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Colombia Proving Golden For Ventana
VANCOUVER — An intense three-year drilling effort in Colombia keeps returning bonanza gold grades for Ventana Gold (VEN-T).